Outline

Management

This section outlines the Master of Management and Master of Management (CEMS) coursework programs offered through the University of Sydney Business School.

Master of Management

Overview of the degree

Course

Master of Management

CRICOS code

063099G

Course abbreviation

MMgt

Credit points required for completion

60

Duration (minimum)

2.5 semesters of full-time intensive study

The Master of Management is specifically developed to meet the needs of high achieving recent graduates from both business and non-business backgrounds.

The Master of Management is a 12 month, full-time degree designed to help provide students with the skills, knowledge, and experience needed for career advancement in their chosen field.

Distinctive features of this degree include small class sizes, a highly interactive learning environment, direct involvement of corporate partners (inside and outside the classroom), and a focus  across all the specifically designed units of study  on solving real-world business problems. Students will work directly in a leading company on a business project as part of this degree.

Degree structure and progression

Degree requirements

To qualify for the award of Master of Management, a student completes ten core units of study totalling 60 credit points.

Core units of study

MMGT6001 Strategy and Entrepreneurship

MMGT6003 Accounting and Financial Management

MMGT6005 International and Cross Cultural Management

MMGT6006 Corporate Governance and Regulation

MMGT6008 Marketing Management in the Global Environment

MMGT6011 Team Work and Innovation

MMGT6012 Business Tools for Management

MMGT6013 Project Management in Context

MMGT6009 MMgt Business Project (Part A)

MMGT6010 MMgt Business Project (Part B).

Progression guide

The Master of Management will involve a minimum of two and a half (2.5) semesters of full-time intensive study. Students will follow a recommended sequence as there is progressive learning.

The sequence of study is outlined in the following tables:

(i) Master of Management - first semester of enrolment

Unit code

Unit name

Credit points

MMGT6001

Strategy and Entrepreneurship

6

MMGT6012

Business Tools for Management

6

MMGT6003

Accounting and Financial Management

6

MMGT6011

Team Work and Innovation

6

(ii) Master of Management - second semester of enrolment

Unit code

Unit name

Credit points

MMGT6005

International and Cross Cultural Management

6

MMGT6006

Corporate Governance and Regulation

6

MMGT6013

Project Management in Context

6

MMGT6008

Marketing Management in the Global Environment

6

(iii) Master of Management - third semester of enrolment (Full-time for half a semester)

Unit code

Unit name

Credit points

MMGT6009

MMgt Business Project A

6

MMGT6010

MMgt Business Project B

6

The business project is designed to be completed over a five to seven week period and will be offered in intensive mode during summer school, winter school and the first half of the first semester.

Master of Management (CEMS)

Overview of the degree

Course

Master of Management (CEMS)

CRICOS code

063100G

Course abbreviation

MMgt(CEMS)

Credit points required for completion

72

Duration (minimum)

3 semesters of full-time intensive study

The Master of Management (CEMS) degree has been specifically designed to make it possible for students to complete the prestigious CEMS MIM program as part of their degree.

The Master of Management (CEMS) is a 72-credit point degree and requires three semesters of full-time study. As part of this program students will spend at least one semester at a top European University where they will do business projects and internships with leading international companies.

Students admitted in the Master of Management (CEMS) will complete an individual program of study, drawn from Master of Management units of study offered at the University of Sydney and units of study offered at CEMS partner institutions in their Master of Management programs.

Degree structure and progression

Degree requirements

To qualify for the award, Master of Management (CEMS), students complete units of study totalling 72 credit points, comprising:

a business project (two units of study / 12 credit points)

10 core units of study (60 credit points).

The Master of Management (CEMS) will involve three semesters of full-time study, of which at least one semester must be completed on exchange at a CEMS partner institution.

CEMS Business project

Students must complete a business project comprising two units of study (12 credit points). The units are as follows:

CEMS6001 CEMS Business Project (Part A)

CEMS6002 CEMS Business Project (Part B)

Core units of study

In addition to the business project, students must complete 10 units of study (60 credit points) selected from the following list:

MMGT6001 Strategy and Entrepreneurship

MMGT6003 Accounting and Financial Management

MMGT6005 International and Cross Cultural Management

MMGT6006 Corporate Governance and Regulation

MMGT6008 Marketing Management in the Global Environment

MMGT6011 Team Work and Innovation

MMGT6012 Business Tools for Management

MMGT6013 Project Management in Context

CEMS6101 CEMS Exchange 1

CEMS6102 CEMS Exchange 2

CEMS6103 CEMS Exchange 3

CEMS6104 CEMS Exchange 4

CEMS6105 CEMS Exchange 5

CEMS6106 CEMS Exchange 6

Note: 'Exchange' denotes units that are completed at a CEMS partner institution.

Progression guide

Students enrolled in the Master of Management (CEMS) will meet with the Academic Program Director to agree to a path of study that takes into account prior learning and the requirements of the CEMS MIM. This recommended path of study will be reviewed each semester. The following are degree progression examples of how students might complete the Master of Management (CEMS).

Example 1

(i) Master of Management (CEMS) - first semester of enrolment

Unit code

Unit name

Credit points

MMGT6001

Strategy and Entrepreneurship

6

MMGT6012

Business Tools for Management

6

MMGT6003

Accounting and Financial Management

6

MMGT6011

Team Work and Innovation

6

(ii) Master of Management (CEMS) - second semester of enrolment

Unit code

Unit name

Credit points

MMGT6005

International and Cross Cultural Management

6

MMGT6006

Corporate Governance and Regulation

6

MMGT6013

Project Management in Context

6

MMGT6008

Marketing Management in the Global Environment

6

(iii) Master of Management (CEMS) - third semester of enrolment

Unit code

Unit name

Credit points

CEMS6001

CEMS Business Project A

6

CEMS6002

CEMS Business Project B

6

CEMS6101

CEMS Exchange 1

6

CEMS6102

CEMS Exchange 2

6

Example 2

(i) Master of Management (CEMS) - first semester of enrolment

Unit code

Unit name

Credit points

MMGT6001

Strategy and Entrepreneurship

6

MMGT6012

Business Tools for Management

6

MMGT6003

Accounting and Financial Management

6

MMGT6011

Team Work and Innovation

6

(ii) Master of Management (CEMS) - second semester of enrolment

Unit code

Unit name

Credit points

CEMS6101

CEMS Exchange 1

6

CEMS6102

CEMS Exchange 2

6

CEMS6103

CEMS Exchange 3

6

CEMS6104

CEMS Exchange 4

6

(iii) Master of Management (CEMS) - third semester of enrolment

Unit code

Unit name

Credit points

CEMS6105

CEMS Exchange 5

6

CEMS6106

CEMS Exchange 6

6

CEMS6001

CEMS Business Project A

6

CEMS6002

CEMS Business Project B

6

Please note: These examples are meant as a guide only. Students may be able to complete units of study in different combinations and sequences to those listed above.

Units of study for the Master of Management and Master of Management (CEMS)

General information relating to unit of study offerings

The unit of study information listed is for 2012 and was correct at the time of printing of this handbook.

The Business School website (sydney.edu.au/business/pgunits) contains the most up to date information on unit of study availability or other requirements. Timetabling information for 2012 is also available on the faculty website (sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.

Most units of study will be offered in standard semesters (either Semester 1 or Semester 2); however, some units are offered in intensive mode. The intensive sessions are explained in the following table.

Key to intensive unit of study offering sessions

Session code

Description of how the unit will be offered

Int January (1010, Int February (102), Int March (103), Int April (104), Int May (105), Int June (106), Int July (107), Int August (108), Int Sept (109), Int October (110), Int November (111) and Int December (112).

the unit of study will run intensively in the month indicated (non-standard late start/end dates)

Intensive sessions were introduced to cater for units of study that are delivered in non-standard ways.

The units of study available for 2012 for these programs are detailed under:

Table of postgraduate units of study: Master of Management

Table of postgraduate units of study: Master of Management and Master of Management (CEMS)

Postgraduate unit of study descriptions: Master of Management and Master of Management (CEMS)

1. Table of undergraduate units of study: Master of Management

Unit of study

Credit points

A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition

Session

Core units of study

Students complete 60 credit points in core units as listed below.

MMGT6001Strategy and Entrepreneurship

6

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6003Accounting and Financial Management

6

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6005International &Cross-Cultural Management

6

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6006Corporate Governance and Regulation

6

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6008Global Marketing Management

6

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6011Teamwork and Innovation

6

N MMGT6004

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6012Business Tools for Management

6

A A basic knowledge of operating MS Word and MS Excel and a basic level of mathematical knowledge commensurate with a student enrolled in a Master's degree.

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6013Project Management in Context

6

This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Semester 1Semester 2

MMGT6009MMgt Business Project A

6

This unit is only available to students enrolled in the Master of Management.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

How can managers understand their environment, industry, resources and capabilities to achieve business success? This unit explores different levels of strategy, including corporate and business-level strategy for both established and start-up ventures. Strategy is, fundamentally, about making choices and deliberately choosing to be different. Strategic management seeks to understand how these choices and differences can (and sometimes cannot) create sustainable and exceptional value for shareholders, customers, employees and other related stakeholders. Questions to be addressed include: How can market opportunities be reviewed and understood? How can creativity and opportunity be harnessed across all phases of start-up, growth and maturity? How does a firm (or individual) build and develop resources and capabilities in a global and local competitive environment? When is collaboration preferable to competition? How can risk and uncertainty be evaluated and managed? The unit will highlight the challenges of strategic implementation as well as analysis and planning. Insights from entrepreneurial practice and theory will be integrated throughout the unit. Students will work on "real" corporate problems and questions, with group-based project work providing the opportunity to apply theory in practice.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

This unit of study focuses on the theory and practice of financial decision making and financial management within organisations. Its subject matter includes a review of the economic logic of financial decisions, drawing on the modern theories of finance and management accounting. Among the topics covered are capital budgeting, costing for pricing, real options valuation, and all of the other fundamental elements of financial decision making. The unit of study emphasizes decision making within a management context. This requires an understanding of not only economic principles but also broader behavioural and organisational considerations. The objective of the unit of study is to balance the need for quantitative and qualitative management tools. The philosophy of the subject is that in a sophisticated organisation, these are inseparable essentials of successful financial management.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

What distinguishes successful from unsuccessful managers when doing business internationally? Most importantly, successful managers will understand and be responsive to the institutional environment in which they are operating as well as the organisational resources and capabilities at their command. They must know the "rules of the game". In this context, local cultural, ethical, and social factors play a significant role. Managers need to know how to interact successfully with people from other cultures both within and outside their organisations. An understanding of cultural differences and how to manage such differences is thus critical to effective international management. In particular, managers need to be aware of and sensitive to different management and leadership styles around the world, be able to make informed decisions about effective communications internationally, be able to lead successful international negotiations, be able to creatively manage global teams, and to have the ability to develop successful global careers for themselves and others in their organisation. This unit of study explores these issues using theory, empirical evidence, case studies, role plays and group projects to both enlighten and challenge participants.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

The focus of this unit is on systems of corporate governance and the processes of accountability through which they are effected and effective. The course will introduce students to the roles of key institutions through which governance is effected; boards of directors and within these executive and non-executive directors, investors and pension funds, analysts, regulators and the media. It will also look at the very different national systems of corporate governance that exist around the world. The course will induce students to the key conceptual frameworks through which corporate governance has been studied; agency theory, stakeholder theory, stewardship theory, resource dependence theory and theories of accountability and governance. The course will look at emergent issues within corporate governance including the emergence of new standards in relation to corporate social responsibility, the conduct of multi-nationals, and contrasting theories of international convergence or path-dependence in relation to corporate governance in both developed and emergent economics.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

A core skill for managers in an increasingly competitive world is applying marketing principles within the context of the international marketplace. This unit is designed to equip students with key decision-making tools, helping them answer critical questions about managing the marketing effect in the global market place. The course introduces fundamental marketing concepts and theories, and demonstrates their practical application within the international arena. Topics include market and competitive analysis, market segmentation and product positioning, brand and product management, pricing issues, integrated marketing, communications, measuring return on marketing investment, and managing the international organisation and external relationships responsible for successful implementation. Case studies are used to illustrate concepts and their practical application.

MMGT6009 MMgt Business Project A

Credit points: 6 Session: Classes: This is a workplace based unit of study. There are no formal classes. Assessment: Company presentation and report (50%), Academic presentation (25%), Assurance of Learning Portfolio (25%)

Note: This unit is only available to students enrolled in the Master of Management.

The MMGT business project, which comprises two (2) units of study, is designed to provide students with a real life learning experience and to provide assurance of learning for the program as a whole. Students will work in small groups of four (4) or five (5) and partner with a real organisation over a six (6) week period to provide solutions to a real business problem identified in consultation with the partner organisations. Projects will range from social entrepreneurship programs, where students work with community groups and NGOs, thorough to consultancy projects for large multinational corporations. Projects will be overseen by a specifically appointed academic coordinator and students will also have access to business mentors throughout the project. Students will be required to make a presentation and provide a written report to the client organisation, and to make a presentation and provide a written report to their academic and student peers. Students will be assessed on the extent to which they were able to apply theories and concepts developed across the entire MMgt course to a real world business problem and the extent to which they demonstrated having mastered the learning objectives of the program.

MMGT6010 MMgt Business Project B

Credit points: 6 Session: Classes: This is a workplace based unit of study. There are no formal classes. Assessment: Company presentation and report (50%), Academic presentation (25%), Assurance of Learning Portfolio (25%)

Note: This unit is only available to students enrolled in the Master of Management.

The MMGT business project, which comprises two (2) units of study, is designed to provide students with a real life learning experience and to provide assurance of learning for the program as a whole. Students will work in small groups of four (4) or five (5) and partner with a real organisation over a six (6) week period to provide solutions to a real business problem identified in consultation with the partner organisations. Projects will range from social entrepreneurship programs, where students work with community groups and NGOs, thorough to consultancy projects for large multinational corporations. Projects will be overseen by a specifically appointed academic coordinator and students will also have access to business mentors throughout the project. Students will be required to make a presentation and provide a written report to the client organisation, and to make a presentation and provide a written report to their academic and student peers. Students will be assessed on the extent to which they were able to apply theories and concepts developed across the entire MMgt course to a real world business problem and the extent to which they demonstrated having mastered the learning objectives of the program.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

This unit of study has two aims: to develop students' skills and ability to work effectively in a team and to introduce students to the process of innovation in an organisational context. This experiential unit of study will involve students working in small groups on developing, testing, prototyping and pitching an innovative business idea or concept. In working through the innovation process students will attend innovation workshops conducted by a corporate partner and will work closely with a mentor from a professional organisation. At the end of the program students will pitch their business proposals to a panel of leading industry experts. To support their teamwork, students will be introduced to skills associated with effective teamwork and will have the opportunity to practice these skills and reflect on the experience of working in a small team on a real life project.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Quantitative analysis is a key activity in developing successful business strategies in the areas of business management. Successful business strategies are generally based on diverse forms of analysis on information collected from a wide range of sources. This unit of study provides an introduction to the theory and principles of quantitative analysis of business markets through lectures, computer workshops, and practical assessments requiring the analysis of various types of data. Through classes and assessments designed to specifically teach students how to undertake quantitative research in a practical manner, students will be able to conduct their own quantitative analysis of market places.

Note: This unit is only available to students enrolled in the Master of Management or Master of Management (CEMS).

Projects are key to the success of organisations be it through the introduction of new products, the implementation of new processes or the opening of new markets. It is not enough though for you to deliver a project in isolation. You need to consider how your projects fits with other projects and the broader organisation. The foundation of this unit is the Project Management Body of Knowledge (PMBOK) where you will learn the essential components of project management and how to manage a project to success. Building upon this you will also learn how to maximise the value of your project. You will come to understand the benefits, and mechanics, of programmes, project management offices and effectively managing any organisational change with your project. The unit can contribute to you achieving internationally recognised accreditation from the Project Management Institute (PMI).

Course resolutions and rules

Master of Management

Master of Management (CEMS)

These resolutions must be read in conjunction with applicable University By-laws, Rules and policies including (but not limited to) the University of Sydney (Coursework) Rule 2000 (the 'Coursework Rule'), the Resolutions of the Faculty, the University of Sydney (Student Appeals against Academic Decisions) Rule 2006 (as amended) and the Academic Board policies on Academic Dishonesty and Plagiarism.

Course resolutions

1 Course codes

Code

Course title

FC063

Master of Management

FC064

Master of Management (CEMS)

FG016

Graduate Certificate in Management *

* No direct admission - Exit point only.

2 Attendance pattern

0.

The attendance pattern for this course is full time only.

3 Master's type

0.

The master's degrees in these resolutions are professional master's courses, as defined by the Coursework Rule.

4 Embedded courses in this sequence

(1)

The embedded courses in this sequence are:

(a)

the Master of Management

(b)

the Master of Management (CEMS)

(c)

the Graduate Certificate in Management (exit only)

5 Admission to candidature

(1)

Available places will be offered to qualified applicants ranked on merit in accordance with the following criteria:

(a)

a bachelor's degree, graduate diploma, graduate certificate or equivalent at an institution approved by the Business School and graded at a standard acceptable to the Business School; and

(b)

relevant work experience requirements as determined by the Business School; and

(c)

a selection interview establishing the candidate's suitability for the degree; and

(d)

a personal statement demonstrating academic motivation; and

(e)

satisfaction of the English language requirements; and

(f)

any other minimum standards specified by the Business School.

(2)

Admission to the Graduate Certificate in Management is not permitted. This is an exit only course. Applicants are assessed for admission to candidature for the Master of Management.

6 Requirements for award

(1)

The units of study that may be taken for the course are set out in the Table of Master of Management units of study. Unless otherwise permitted, candidates must complete the units of study in the sequence prescribed in the table of units of study.

(2)

To qualify for the award of the Master of Management a candidate must complete 60 credit points, including:

(a)

48 credit points of core units of study; and

(b)

a 12 credit point business project.

(3)

To qualify for the award of the Master of Management (CEMS), candidates must complete 72 credit points, comprising:

(a)

60 credit points of core units of study; and

(b)

a 12 credit point business project.

(4)

Included within the core units of study, candidates may undertake maximum 36 credit points of units of study at CEMS partner institutions.

(5)

Admission to the Graduate Certificate in Management is not permitted. This is an exit only course. Applicants are assessed for admission to candidature for the Master of Management.

7 Progression rules

(1)

Master of Management

0.0.

Unless otherwise permitted, candidates must complete the units of study for the Master of Management in a prescribed sequence as specified by the Business School.

(2)

Master of Management (CEMS)

0.0.

Candidates must maintain a minimum credit average over the degree, first measured after completion of 24 credit points. Candidates who do not maintain a minimum credit average will be transferred to the Master of Management.

8 Course transfer

(1)

A candidate who has completed 24 credit points of units of study in the Master of Management and does not complete the requirements for the degree, may be awarded the Graduate Certificate in Management.

(2)

Candidates for the Master of Management (CEMS) may elect to discontinue study and graduate with an award of the Master of Management, with the approval of the School, and provided the requirements of the embedded award have been met.

9 Transitional provisions

(1)

These resolutions apply to students who commenced their candidature after 1 January, 2011 and students who commenced their candidature prior to 1 January, 2011 who elect to proceed under these resolutions.

(2)

Candidates who commenced prior to 1 January, 2011 may complete the requirements in accordance with the resolutions in force at the time of their commencement, provided that requirements are completed by 1 January, 2016. The Business School may specify a later date for completion or specify alternative requirements for completion of candidatures that extend beyond this time.